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have breaking news from the white house where president obama is talking about the fiscal cliff after a meeting with congressional leaders. let's listen in. >> also ask lobbyist americans to pay a little more. above all, protect our middle class and everyone who is striving to get into the middle class. i want to still get this down. the right thing to do for our families, our businesses, and for our entire economy. but, the hour for immediate action is here. it's now. we're now at the point where, in just four days, every american's tax rates are scheduled to go up by law every american's paycheck will get considerably smaller. and that would be the wrong thing to do. for the economy, would be -- it would be bad for middle-class families and for businesses that depend on family spending. fortunately, congress can prevent it from happening if they act right now. i just had a good and constructive discussion at the white house with senate and house leadership about how to prevent this tax hike on the middle class. and i am optimistic we may still be able to reach an agreement that can
and then obama evin leader some believe could repeated some of his mistakes. so the very next night in the white house they did it again. it was the second oaf and this time roberts used notes which he hadn't used the first time and they got a right. so that chapter in my book is called they did it again. [laughter] in 1965 ladybird johnson became the first lady to hold the bible as the oath was administered. there was a president and that has been the case ever since. you can see here from the inauguration four years earlier jack kennedy is off to the left in the picture and the bible was instead held by james browning who was a clerk of the supreme court. a few more pictures to show you. here's ronald reagan swearing in in 1981 jimmy carter out of president to the right of the picture and bill clinton in 1993 years 1985 this is the second inauguration and notice it is a different locale yet the reason is because the weather was so bad in washington, d.c. in 1985 there is a factor if everything got canceled, the parade canceled, they moved the oath taking in doors into the capitol rotunda so th
president obama before he left from his vacation that he was optimistic. logistically the white house will tell you it's possible. when you listen to what you're hearing some of these congressional leaders say, there's a lot of posturing laying blame to the other side if we do go over the cliff. take a listen. >> republicans are not about to write a blank check for anything senate democrats put forward because we find ourselves at the edge of the cliff. >> we are here in washington working while the members of the house of representatives are out watching movies, watching their kids play soccer, basketball, doing all kinds of things. they should be here. >> now, house speaker john boehner is saying the senate needs to just take up a house pass bill that has already passed the house that would extend rates for all americans to either take it up in whole rf to amend it. the senate would take up that bill, amend it. if we do go over the cliff there is this possibility and all sides are preparing for this that there would be a lot of pressure in the days following from the markets, from c
, shortly before barack obama entered the white house, we asked you to send us your book list for the new president, what you thought he should read as he prepared for the highest office. now president obama's getting ready for his second term. time for a new list. what one book should be on his desk or bedside table? share your thoughts at our website, billmoyers.com. coming up on "moyers & company," another pulitzer prize winning writer, junot dÍaz, on the old and new america. >> the biggest megaphones want to talk about the person on top. they want to talk about the hero, the winner. but the little megaphones, you're in a library with your librarian, you're working at the church in the basement, helping folks out, you're coming in to a home and reading to elderly. there are all these other little megaphones that are telling you and whispering that "this is beauty, this is humanity, this is america." >> that's it for this week. i'll see you next time. -- captions by vitac -- www.vitac.com >>> don't wait a week to get more moyers. visit billmoyers.com for exclusive blogs and essays. thi
between the white house, the senate, the congress moves to pennsylvania avenue. president obama meeting behind closed doors with house speaker boehner, senate majority leader harry reid and senate minority leader mitch mcconnell talking about doing something to keep more than trillion dollars in tax increases and cuts from taking effect next week. also joining that party today, america's happy warrior. vice president joe biden will be there. while some appear ready to compromise others are still ducking, dodging, trying to dump the blame elsewhere. >> we all have our ideas and in the senate, you're right. we probably another 40, 50, 60 of saying that we're ready to both raise revenues and control entitlements. when's the missing ingredient? it is presidential leadership. >> i think in the end we'll get a deal. the question is the timing. >> am hopeful there will be a deal that avoids the worst parts of the fiscal cliff, namely taxes going up on middle class people. >> it's pretty apparent that we are not going to do what we've been called to do. this is 112th congress. we have had two y
that fiscal cliff, will there be a deal? also tonight, an abc news exclusive. barbara walters at the white house. asking michelle obama if she'll run for office next. and a personal question, too. >> how do you keep the fire going? >> hmm. that's a good question. >>> made in america. the great christmas challenge. >> i know, i know your show. >> she knew, and so did thousands of others. tonight, the big reveal. the videos you sent in, the made in america gifts you put under the tree. and the ones that didn't fit. >> merry christmas, david! >> how you're creating joy and jobs this christmas. >>> and caught on tape. the adorable pet dog stolen, about to be sold. you won't believe what happened next and what we witnessed today. >>> good evening on this wednesday night. and we hope you had a merry christmas. diane has a few more nights with her family, and what a night to stay indoors. across much of this country tonight, a massive winter storm and already, the ripple effect being felt coast to coast. the monster storm system stretching from indiana to maine, all the way to north carolina. mor
of congress will meet with president obama at the white house. it could be the last shot to avoid going over the so-called fiscal cliff. but is the meeting just for show or could we really truly be close to a deal? doug is live in washington with more details, what are we in for? >> to be a fly on the wall in this meeting. these are the players that will be there today. the president with congressional leaders from both parties to see if they can get something done. it may be substantive, it may be window dressing. >> any time you announce a meeting publicly in washington, it's usually for political theater purposes. nothing good ever comes from it. there is one thing you have to do in politics. if the president meets with a foreign leader, you want to make sure you know what's going to happen at the meeting. when the president calls congressional leaders to the white house, it's all political theater or they've got a deal. my bet is all political theater. >> kelly: well, we will see. >> congress thee receipticcally could get something done. we saw the congress work yesterday. the house is g
outside at the white house, where lawmakers will sit down with president obama today before a rare weekend session. >> later, while the redskins get ready for dallas, we'll sit down with author mike richmond for a closer look at what some call the greatest rivalry in the nfl. good morning, i'm tony perkins. >> i'm wisdom martin in for allison. >> mostly cloudy to start the day. in the 30s. no travel concerns today. no weather to speak of today. less wind than yesterday, so that will be nice. the next snow event, and it will be a small sized one, small to medium sized one, will be early tomorrow. during the day saturday. >> okay. >> that's the first thing you need to know. 37 now in washington. 15 in detroit. it's cold. much of the area at or below freezing. 31 in new york city. 29 in boston. let's look at the satellite radar together. a lot of clouds in the forecast. you can see into west virginia and all the clouds out there. partly to mostly cloudy this afternoon. might get a little sunshine. should feel a little better than yesterday, because winds won't be blowing like yesterday. highs
. >>> this morning's big story is the fiscal cliff. with the clock ticking, president obama is inviting top lawmakers to the white house today. >> he will meet with both republican and democratic leaders to try to find an agreement on avoiding this fiscal cliff. sherry ly is live at the white house this morning with the latest. >> reporter: good morning. the tone here in washington hasn't really changed much since before christmas. now, with days to go before going over that so-called fiscal cliff, the president is hoping today's 3:00 meeting here at the white house with democratic and republican leaders will help avoid this standoff. both sides continue to play the blame game though. senate majority leader harry reid attacked house speaker john boehner for blocking a vote on a potential deal while the gop led house isn't due back until sunday, just one day before the deadline to avoid the automatic tax increases in spending cuts that could send the nation into recession. the differences between the two sides remain intact. democrats want to raise taxes on everyone earning more than $250,000 a year a
that is most antagonistic toward president obama. i think he got 30% + of white men to vote for him. he was down in those categories, but white men are the heart and soul of it. you say he is the most divisive. i think we live in very divisive times in terms of our politics, in terms of our media spending it is highly polarized here in the congress. people who do not want to compromise see compromise as a dirty word and are worried they are threatened by the other side spending the whole idea of politics having to see good in the other side and were there is possibility of common ground has gone away. i do not think you are wrong in saying that president obama's era is one of the most divisive in american history and i question whether or not he has a divisive personality. i think his approval ratings in terms of -- he is close to 50%. personally, there are lots of americans including white men who like him, but they do not like his policy. the economic policies in particular tend to be highly divisive in america at this moment. host: part of his speech talked about his hopes going forw
. >>> the highly anticipated white house meeting between president obama and congressional leaders ended just a short time ago and it lasted just about an hour or so. now, we've yet to hear anything from any of the participants, and nbc's mike viqueira is live on capitol hill. mike -- >> karen, yeah, forgive me i'm looking at my black bery -- >> i've got mine. we're standing by waiting for some news of something, right? >> exactly. i have got a couple e-mails out looking for readouts of w457d ov what happened over there. >> having been on both sides of this as a staffer, sometimes the fact that nobody came out and said anything -- >> you took the words right out of my mouth, and i was going to say you have experience in these things. the fact they haven't all rushed to the microphones and delivered withering scorn on each other. they've only been out for about 15 minutes, maybe we need to give a little more time. maybe that's a positive thing. what we do know, karen, heading into this is that the president was sticking by his original proposal more or less. he had gone back down from the $400
to the white house this afternoon to meet there with president obama. lawmakers are increasingly looking at the period following the december 31st deadline we're told to come up with a fix to avoid massive tax hikes and spending cuts, affect lives of nearly every american many economists say could plunge the economy into another recession. chief white house correspondent ed henry live with the latest. so in this meeting, ed, is there any hope they will accomplish anything? >> reporter: well it is pretty low expectations, jon. what we're expecting when you talk to top officials of both parties the president will offer a scaled back plan, something he laid out lines friday before christmas here in the white house briefing room before he went to hawaii. where he said look, we have to scale back expectations. basically just extend middle class tax cuts. don't worry about the rates for everyone else. secondly extend unememployment insurance for about two million people who will be losing it a few days from now at the end of the year. finally he refer to possibility of smaller bit ever spendin
obama is holding a summit at the white house with congressional leaders later on today. >> so far, republicans have rejected any new taxes even those proposed by house speaker john boehner on people earning over a million dollars. instead, the gop wants deeper spending cuts to address the nation's deficit. the republican and democratic leaders in the senate continue to blame the other side. >> i guess with the dysfunctional republican caucus in the house, even the speaker can't tell what they are he going to do because he backed off of his own proposal. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> the senate is in session on capitol hill and house speaker banner has called lawmakers back into session sunday night at 6:30. but that only leaves just over 24 hours to come up with a deal. we want to know what you think about all of this. what do you think about congress not reaching a deal on the fiscal cliff? do you think it's possible that a compromise will be reached before t
. the report also faults the pentagon and the white house. it criticizes the obama administration for being inconsistent in explanations regarding what led to the attack, initially blame ago video, not terrorism. >>> san diego police officer is seriously injured when a suspected drunk driver slams right into his cop car. police say the suspect was speeding when he ran a red light, t boning the cruiser. took 45 minutes for crews to pry the officer out of his car. he is expected to be okay. the suspect was not seriously hurt, but he was arrested on suspicion of drunk driving. >>> kanye west kind of letting the cat out of the bag a little. listen. >> make some noise. >> juliet: i have no idea what he said. >> clayton: i don't either. >> juliet: then there was static. but apparently he said that his girlfriend, kim kardashian, is pregnantgo. he made the big announcement during a concert in atlantic city last night. sources say she had no idea he was going to spill the beans! oops, i hope the family knows. up 'til now, the family had denied pregnancy rumors. so congratulations to them. and we're
as news warrants. >>> we want to go to the white house where president obama is keeping a eye on capitol hill. the president making his case and pressing lawmakers to reach a deal. when asked about the fiscal cliff in an interview today. ed henry is live from the white house. the president seemed to be aggressively pushing his message. >> he was. he's been briefed through the day by his staff. he's been at the white house behind closed doors, awaiting the latest. all those developments mike's talking about but he decided also to take an aggressive role in going on a sunday talk show for the first time in over three years, meet the press, and made his case by suggesting this is in republican hands now. if they do not move forward on a deal, the g.o.p. will get the blame for going off the cliff. >> one of the proposals we made was chain cpi which sounds technical but makes an adjustment in terms of how inflation a calculated on social security. high will highly unpopular among democrats but in pursuit of strengthening social security long term i'm willing to make those decisions. >> the pr
. and with your stories and your struggles, i return to the white house more determined and more inspired than ever about the work there is to do and the future that lies ahead. >> that's president obama delivering his victory speech on election night. in the end the race wasn't even close. maybe mitt romney didn't even have a chance. his fellow gop contenders feasted on one of their own during the primaries. is it the american way that if somebody gives you a smack on the nose, you eventually have to smack them back? isn't it time now for you to accept that this negativity has pounded you into a position where much as you would like to keep it positive, isn't it time you got the old gingrich fist out and give romney a good ol' smack? >> harry truman in his great reelection campaign that gallup quit taking polls in mid september went after duey and the crowd would yell out "give 'em hell, harry" and he would yell back, "no, i just give them the truth and it hurts like hell." i think governor romney has done so many things that are indefensible in a republican primary -- it would be okay in a d
today to reach a deal to keep the country from plunging off the fiscal cliff. president obama hosting that meeting this afternoon at the white house. it will be the first time that he's met with congressional leaders since november 16th. they have just four days now to come to an agreement. democrats and republicans say that means a possible deal will likely extend tax cuts to middle class americans and postpone spending cuts scheduled to take effect. that means the contentious issue will likely be debated sometime in the future. >>> house lawmakers are preparing for an 11th hour deal. they're returning to washington for a rare sunday evening session. it's not clear what the house will do. house speaker john boehner still insists it's up to the senate to make the next move. >>> iran's state television is reporting the country's navy started training drills in the strait of hormuz. iran is reportedly warned other ships to stay away from the site until after the new year. the state tv report says it includes warships, submarines and jet fighters. other countries are worried these tests
and in the white house. obama campaign adviser david axelrod. >> if we turned away from the needs of others, we align ourselves with those forces that are bringing about this suffering. >> what happened to the bully pulpit, you must take the advantage of it. >> obesity is nothing short of a public health crisis. >> little antennas told me when somebody had their own agenda. >> it would be a shame to waste it. >> i think they serve as a window to the past to what was going on with american women. >> she becomes the chief confidante. tea is the only what you can trust. >> many of the first lady's word writers, journalists, they wrote books. >> they are in many cases more interesting human beings than their husbands if only because they are not the first and foremost to find and limited by political ambition. >> fifth dolley madison loved every minute of it. misses monroe hated it. >> you cannot rule without including what woman have to contribute. >> i am doing this statement a little breathless. i think it was a little too fast, not enough change of pace. >> probably the most tragic of all of ou
conference. >> at yesterday's white house meeting, president obama did not offer negotiators anything new. he just tried to sell them on the same plan he outlined last friday, being called plan c. since the president's plan a and speaker boehner's plan b both failed to gain traction. plan c would extend middle class tax rates and we're told the senate wants to tweak exactly who counts as being in the middle class. maybe even raising the income threshold and the white house is apparently willing to go as high as 4 or $500,000 a year. plan c would expand unemployment benefits for the 2 million people set to lose them at the end of this year. it would include a small amount of spending cuts but would not touch entitlements like medicare and not deal with the debt limit right now. >> i am modestly optimistic that an agreement can be achieved. nobody is going to get 100% of what they want. but let's make sure that middle class families and the american economy and in fact the world economy are aren't adversely affected because people can't do their jobs. >> and today lawmakers are in staff level m
are nervous. ashley: thank you. president obama just arriving at the white house after cutting short his hawaiian vacation. the senate trickles back into washington for a last attempt at the fiscal cliff compromise. shibani: team coverage, peter barnes standing by at reagan national airport where lawmakers are revising falling snow delays and we start with rich edson on capitol hill where the senate is finally in session but are going to get any work done? >> we will get work done but on a few unrelated issues, nothing to do with the fiscal cliff, they're talking about a couple other bills. president obama back in washington d.c. spoke to all the congressional leaders, top democrats and republicans in the house and senate, no update, or signs of real progress, senior administration official says this one is up to congress to figure out. house republicans say we need the senate to act, senators say we need republicans to act. terry reed hit the floor a short while ago and said it looks like we are headed over the fiscal plan and called on the house to set -- pass the senate plan. >> i see
a look at president obama before and after he reached the white house. and the first official white house videographer from 2009- 2011. all this on c-span2. >> we have discovered that with our surveillance flights. quarantine around cuba. a soviet submarine was found by american ships and they start to drop missile charges, depth charges on the soviet submarine and knocked out electrical system. the carbon dioxide was rising. people were passing out inside the submarine. they have no communication. the commander says, love the torpedoes. let's attack. we're not going to do somersaults down here. we're not going to disgrace our country. they set it free to launch. fortunately the other commander talked about it. arkopov might have saved the world. >> it was one of the scariest moments. >> a moment in human history. >> we did not know this, we were teenagers. that is when all this criticism of cannady -- kennedy. we would not be even here to talk. prexy and told history of the united states. saturday night at 10:00 eastern on party afterwards -- "after words." on cspan2. >> david axelrod ha
of the arts from president george w. bush and earlier this year impromptu white house performance with president barack obama. what was that moment like for you? here you are as you said a sharecropper's son you're now at the white house. singing with the president. >> a dream come true. something you couldn't dream of. >> buddy guy. >> reporter: this month, guy returned to washington -- >> buddy, buddy, buddy. >> reporter: a kennedy center honoree. >> your blues brought us together. i think that's something to sing about. >> that's a long ways from picking cotton yes, yeah. that's a very blessing. somebody is looking down on me from somewhere, yep. >> great stuff. >> really cool. >> makes you want to go to jarvis's old stomping ground chicago. >> buddy guy legends, yeah a lot of dancing in that bar, a fun one. >> eric clapton said 25 years ago, said buddy guy is the best guitarist alive. >> i think he was on point with that. >> good, good stuff. >> and he's 76 and still doing it. >> doing great. >> incredible. >>> all right, you can watch the tribute to buddy gu
that's not going to pass the senate and we also know the white house isn't going to sign that. move on. my contention is after -- >> allow me. >> work with me. it's an important question. let's say president obama says we're going off the fiscal cliff. we go off the cliff. tax cuts expire, sequestration, they kick it down the road. if president obama then says i'm going to put in tax cuts for anyone making under $250,000 a year. i'm going to call them obama tax cuts. will runs say no to voting for a tax cut? >> well, the interesting question is of course what this comes with. we're at the beginning of a conversation not at the end of a conversation. because we have to decide what to do with the bush tax cuts. that's one thing. we have to decide to do -- what to do with a trillion dollar of obamacare tax increases. very few people are talking about this but there's a trillion dollars of tax increases obamand ad demonstration passed before the last election and 90% of those hikes were delayed until after the president got himself reelected. then we have massive spending, $8 trillion in d
, congressional leaders heading to the white house this afternoon for key talks with president obama. nbc's capitol hill correspondent kelly o'donnell has more. kelly, good morning. >> reporter: good morning, willie. the top two democrats and republicans from the house and senate will sit down with the president middle of the afternoon. but we should tell you that behind the scenes the most senior staffers who have been given the task of negotiating have continued their conversations looking for ways to try to bring a deal together. while the elected officials know they need to be more visible. >> mr. speaker, we ought to be here working, addressing these challenges. >> reporter: under pressure to show up, even if there is no deal to consider, congress will work this holiday weekend. the deadline is so close, outgoing members have already packed up their offices and need to move out while the harsh tone is going nowhere. >> the american people, i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship o
can't imagine their consciences. >> reporter: of course president obama has left hawaii. he is heading back to washington from his family vacation. we learned from the white house that the president had made calls to the top four congressional leaders mcconnell and boehner on the republican side, pelosi and reid on the democratic side. we'll see what the president has in mind when he touches down back in washington a little later this morning, harris. harris: mike you mentioned it. i'm mentioning it too. it is coming into the newsroom from senator mcconnell's spokesperson and just wondering what the republicans say they want. they want to review legislation and make decisions how best to proceed. they're waiting for now the white house to make the next move. >> reporter: there is definitely a game of chicken going on where the senate democrats are saying, well we need to know from mcconnell what he is willing to do. mcconnell is saying i will not rubberstamp a plan i haven't seen so you need to lay out a plan. we know from speaker boehner's spokesman he is in ohio. he will let us know
.com. just click on weather. >> in washington this morning a frank and clearly frustrated president obama said he is fed up with the fiscal cliff stale mate. he met with congressional leaders at the white house and announced there's work behind the scenes on a bipartisan deal and enissues an ultimatum. here's sally kidd with the latest. >> president sat down with john boehner and other congressional leaders in hopes of cutting a last minute deal. >> we had a constructive meeting today. senators reed and mcconnell are discussing a potential agreement where we get a bipartisan bill out of the senate over to the house and done in a timely fashion so that we met the december 31st deadline. >> we'll be working hard to see if we can try to get there in the next 24 hours. so i'm hopeful and optimistic. >> senate leaders say they're hoping to come back with a proposal as early as sunday. >> whatever we come up with will be imperfect. some people aren't gonna like it. some people will like it less but that's where we are. >> the president said if agreement isn't reached by the deadline, he will ur
president obama called the top four congressional leaders last night on his way back from hawaii. tomorrow afternoon at the white house will be a meeting between the president and those top four congressional leaders and earlier the top senate democrat expressed concern or frustration saying you cannot legislate with yourself. >> the republicans in the house have left town. the negotiations between the president and the speaker have fallen apart as they have for the last three and a half years. we have tried mightily to get something done. >> now, perhaps in an effort to address that we know late today senator reid who you heard from there went to meet with his counter part senator mcconnell the top republican in the senate, perhaps talking about what it will take to bring some republicans along on a potential deal. harris? >> harris: a lot of energy spent on all this going back and forth. in fact, leading republicans suggesting a great deal of time has been wasted on politics. >> that is precisely right. they note that the house republicans tried to address the issues this summer and vote
welker at the white house. nbc's moderator of "meet the press" david gregory joins me now. as we've said, david, you sat down with president obama this afternoon for an exclusive interview that airs tomorrow morning, but give us a hint. is he optimistic? do you come away with any hope that we're going to have a deal before the deadline? >> i'd say a couple things. i think the president continues to be optimistic, but he, i think, in part is doing the interview on "meet the press" because he wants to keep the pressure on republicans to get something done and made very clear in the course of the interview that there is a political cost to be paid if there is not a deal, a cost that i think he believes will be paid mostly by republicans if they don't get something done. he's gone out of his way to really cast his argument as one of protecting the middle class and that the middle class, 98% of americans don't want to see their taxes go up. if there is a failure to act. that said, the president did not strike me as overly worried about going over the cliff. both confident that they'll get a d
at president obama's schedule, many of his fundraising trips were evening trips. he's going to get to the white house quite late and it's -- we have to be careful about saying what gives when president fundraises if we don't know. but the's time is scares -- scarce and something does have to give. host: you can get involved in the conversation with brendan doherty, author of "the rise of the president's permanent campaigning" by giving us a call. the number is on your screen. walter in phoenix, arizona, is on our line for democrats. walter gocks ahead. caller: good morning. i'm a proud supporter of barack obama. i believe that he should be able to campaign whenever he likes because by him campaigning shows his love and his desire to better america. the only way we can build a bridge is through equality of all americans. this is the new america and we need to treat it as so. host: are you concerned that the president may even in the second term be spending more time out raising money for other democrats or maybe vice president biden if he decides to run rather than being in the white house doing
are looking forward to, and it is pretty scary. >> president obama had been reelected to a second term with a resounding victory over republican challenger mitt romney. >> a return to the white house more determined and inspired ever about the work we have to do and the future that lies ahead. >> in one of the most closely watched races nationwide consumer advocate elizabeth warren unseated scott brown in massachusetts. >> for every family that has been chipped at, squeeze, and hammered, we are going to fight for a level playing field and we are going to put people back to work. that is what we are going to do. >> advocates of marriage equality ended tuesday with four out of four victories as voters legalized same-sex marriage in maine, maryland, upheld same-sex marriage in washington state, and defeated a measure to ban same-sex marriage in minnesota. noam chomsky recently returned from his first visit to gaza. >> it is pretty amazing and inspiring to see people managing somehow to survive as, essentially, caged animals, subject to constant, random, sadistic punishment, only to humili
. thanks to you in los angeles. >>> and in washington tonight, president obama is cutting his christmas vacation short to try to cut a deal as that fiscal cliff nears. now just six days until higher taxes for all americans. and tonight, a white house official is placing the burden of not getting a deal on leaders of congress. one official saying the hits from our economy are not coming from outside factors, they're coming from congressional stupidity. some members of congress do return tomorrow. these comments come just as barbara walters prepares for her "nightline" special tonight. her sitdown at the white house with the president and the first lady. and tonight here, some rare personal questions answered about their own relationship and their girls. one of whom just got her first cell phone. >> reporter: i want to talk a bit about the girls. we have been watching them grow up from little girls to young ladies. now, malia recently got her first cell phone. do you monitor it? and see who she calls or who she texts? >> i give my daughter, at this age, i give her a long rope. you know, a
viewer says obama and the other i had yots until the white house are doing what they do best, talk. guest: right after the election we heard them say the election is behind us, we can put down our swords and get down to doing the country's business. that evaporated within days and now we are back to where we were in the summer of 2011 where everyone is back in their corners blaming the other side and not making progress at all. businesses are refrenching and families are holding back on spending and it's going to have an impact on the economy. host: why is compromise so difficult in this environment? guest: the way that the pry mir system has worked has canched out the middle a little. also we're dealing with the situation where with a 24 hour news cycle they get blow back more quickly on ideas and talks so they are both afraid of the outer wings of their party and at this point it seems compromise is something that is hard to reach. >> dow is down although not a huge amount. >> right guest: right host: meeting with the president and c.e.o.'s are frustrated with lack of a deal. what impac
obama met with top congressional leaders here at the white house for about an hour on friday, he said look, if you can't come up with a plan that can pass through both chambers you should put, he said, his plan to a vote. that plan would include extending the bush era tax cuts for those making $250,000 or less. it would call for extending unemployment insurance benefits among other things. of course that $250,000 mark is a real problem for republicans. you heard luke just talk about that, the fact that many republicans don't want to increase taxes at all. so that is a real sticking point. but president obama saying he believes if his proposal were put to a vote in the senate and house it could get through. of course it would be a much bigger challenge in the house. he'd have to get almost all democrats to vote for it and about 30 republicans. the calculation right now, though, is that whatever proposal is put through the senate that essentially the house will be left holding the ball. so it would be up to them to decide what to do with it. that's something that president obama talked
the white house isn't going to sign that. move on. my contention is after -- >> allow me. >> work with me. it's an important question. let's say president obama says we're going off the fiscal cliff. we go off the cliff. tax cuts expire, sequestration, they kick it down the road. if president obama then says i'm going to put in tax cuts for anyone making under $250,000 a year. i'm going to call them obama tax cuts. will runs say no to voting for a tax cut? >> well, the interesting question is of course what this comes with. we're at the beginning of a conversation not at the end of a conversation. because we have to decide what to do withhe bush tax cuts. that's one thing. we have to dide to do -- what to do with a trillion dollar of obamacare tax increases. very few people are talking about this but there's a trillion dollars of tax increases obamand ad demonstration passed before the last eltion and 90% of those hikesere delayed until after the president got himself reelected. then we have massive spending, $8 trillion in debt that obama's running up the next decade. republicans have se
governor kneel abercrombie appointed his lieutenant governor, brian schatz to fill the seat. a white house official says he's actually flying to d.c. with president obama. abercrombie wa widely expected to appoint a congresswoman to take over before he died. inouye named her as his preferred successor. >>> supreme court justice sonia sotomayor refusing to block the contraceptives mandate in president obama's health care law. let me explain this. two companies, hobby lobby arts and crafts stoerds and mardell christian bookstores argue that requiring their group's health care plans to cover contraception violates their religious beliefs. sotomayor who hears emergency appeals said the companies didn't qualify for an injunction while they challenged the requirement in court. she did not rule on the merits of the company's religious-based claims just yet. >>> we've told you about those long delays at the airports thanks to this monumental winter storm. well, in dallas get a load of this. cnn affiliate wfaa reports that one american airlines flight sat stranded at the gate for nearly five hours.
between the lawmakers and president obama to try to avoid going over the fiscal cliff that comes on new year's day. but after a meeting at the white house, the president said he is hopeful. >> i just had a good and constructive discussion at the white house with senate and house leadership about how to prevent this tax hike on the middle class. and i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. >> cnn's chief business correspondent ali velshi joins us from new york with some very good insight. senate majority leader harry reid has said if they don't reach something by monday he'll bring forward a bill to help out the middle class for an up-and-down vote. >> right. >> put everybody on the record, but especially republicans. isn't that the tactic? >> exactly right. the step before that is harry reid is working on some bill that might get bipartisan support in the senate. president obama in that meeting apparently told them try and work something out. and reid left and ma
negotiations fall apart with president obama last week, so we're waiting for this proposal to see kind of what shape it takes. the white house wants those bush era tax cuts on the first quarter million dollars of earnings to be preserved, that's what the white house has been pushing. it's unclear if that is going to be the proposal that harry reid puts out, if maybe it will go higher in order to get some republican support. we don't know at this point and we understand talking to sources, to democratic sources, drew, that even though the senate is reconvening on thursday, it may be a couple more days before we see proposal as they try to not only get republican support but build pressure on the house. they will move the unveiling of their proposal as close to the new year as possible to essentially say here is our proposal, assuming they get it through the senate, here is our propos proposal, what we passed, you have to take it up or the fiscal cliff we're about to go over we're going to blame you for it, drew. >> brianna, do you know how closely senator reid and his staff are working with the
and spending. for the latest let's go to chief correspondent at the white house major garrett. good morning. >> good morning, rebecca. president obama met with the four top leaders yesterday. he met for just over an hour. now, earlier in the fiscal cliff talks, meetings like this had tended to be tense and nonproductive but this meeting gave rise to hopes of a last-minute deal. for the first time in weeks president obama reported genuine progress to averting some part of the so-called fiscal cliff. >> i'm modestly in agreement we'll achieve. >> they're now chasing a much smaller deal than originally sought. the final product if there is one will not include trillions in debt reduction or federal spending or tax code reform. it won't even include across the board spending cuts. it will focus on tax rates and a few spending items. >> that's the bearare minimum we should be able to get done. >> sidelined for now. house speaker john boehner. as they left they sounded like they were closing in on a compromise. >> think it was a very positive meeting. there was not a lot of h
and the white house are in close consultation. he's been a tremendous ally of president obama's in the senate, for better or worse. each side has its own view of that. right now i think you're likely to see senator reed move a version of the bill that's acceptable to president obama or attempt to. it's not clear whether mitch mcconnell or other senators in the republican party will allow that to move forward. if something passes in the senate, i think it's likely that the house will follow suit. i think that takes the pressure off john boehner a little bit in terms of bringing something to the floor that his minions don't love. >> take care, drew. >>> two firefighters shot and wounded on christmas eve are improving and starting physical therapy. joseph hoffstetter and the other firefighter were shot after being called to a fire. we are starting to hear the 911 calls. >> multiple firemen down. multiple firemen shot. i am shot. i think it was an assault rifle. >> volunteers from other areas have stepped in to help the webster fire department. >> we're all family, yep, brothers and sisters. it w
christmas, congress and the white house will have to start to deal with what president obama called the real consequences of going over that fiscal cliff. >> nobody can get 100% of what they want. and this is not simply a contest between parties in terms of who looks good and who doesn't. there are real world consequences to what we do here. >> a short-term deal won't just focus on tax rates. the end of the payroll tax cut and the impact of the hike in the minimum tax on january 1st. over the weekend, we did hear from some republican moderates who say it may in fact be time to make some kind of a move. >> the president's statement is right, no one wants taxes to go up on the middle class. i don't want them to go up on anybody. but i'm not in the majority in the united states senate and he's the president of the united states. >> now the focus shifted to mitch mcconnell. the senate taking the lead on a compromise with democrats, and something that can get some support among house republicans. carl? >> hampton, thank you very much. hampton pearson in washington. >> the gift that keeps on givin
. president obama arrived in the country just a few days later. the gop race for the white house took shape. mitt romney the party's presidential nominee. >>> change in egypt. muhammed morisy months of private sector the first three presidential election but later sparked enormous protests when gave himself proceed powers. as the summer heated up so did the supreme court. the justices ruled on the affordable care act. the 5-4 opinion a big win for the healthcare insurance plan. the court decided the individual mandate which requires nearly every american to have health insurance or pay a penalty falls under the government's taxation powers. massacre at the movies. james holmes opened fire at a midnight screening of the batman film "the dark knight rises." 12 people killed and 58 others hurt. >>> athletes from all around the gold gathered for the 2012 summer olympic games in london. >>> in august, a somber milestone for u.s. forces as the mel terr military deaths in afghanistan reached 2,000. >> a gunman opened fire in a sikh temple, killing six people and wounding four others before he kell
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